Asia Economy

Displaying 871 - 876 of 1877

 

The five-year development plan 11th Malaysia Plan (11MP), which runs from 2016 to 2020, was launched in 2015 and is considered to be the final and decisive step in Malaysia’s long journey to realise its aspirations of becoming an advanced economy. This will mean increasing its GDP per capita to surpass the critical threshold of $15,000....

 

South-east Asia holds a special place in my heart. As a boy, I lived in Indonesia, where for many years my mother dedicated herself to empowering rural women. And as president, I’ve worked to deepen America’s engagement in this region. Four ASEAN nations are already part of the TPP: Brunei, Malaysia, Singapore and Vietnam. Along with the US,...

 

Despite a heated domestic debate on the costs and benefits of the Trans-Pacific Partnership agreement (TPP), the Malaysian government has been forging ahead with its plan to join the US-led regional trade agreement, which is expected to have a high impact on export and import flows. A comprehensive document, the TPP covers 30 chapters, ranging...

 

Where do you see the greatest potential for expanding Laos-Malaysia trade and investment?

 

Resource rich and export-oriented, Malaysia’s economy has endured another major test in resilience, with a global slump in commodities and China’s slowdown reducing revenues from the key sectors of energy, palm oil and manufacturing. In 2015 the local currency, the ringgit, saw the biggest sell-off since the 1997 Asian financial crisis. Yet...

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